Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 1 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
X-Pand Group from Leuven, company number BE1016165169, closed financial year 2025 with a result of € -30,362 after tax. For that financial year X-Pand Group recorded a gross margin of € -28,918 and equity of € -20,362. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 12, 2026.
€ -20,362
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -30,362
Profit after tax over the fiscal year.
€ 2,096
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -30,362.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 24,603
Supplier invoices still open on the last day of the fiscal year.
What happened to X-Pand Group?
What happened at X-Pand Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 30,362. filed late Source: NBB ↗
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
Management
Behind X-Pand Group are Nove Selle and The Coconut Company. The shares are held by Pieter Vangeel (90%) and Michelle Vaes (10%). It owns 100% of X-Pand Housing itself.
Directors
According to the 2025 annual accounts
Director · represented by Michelle Vaes
Director · represented by Pieter Vangeel
Also active at: PAND Immo, PROJECT DEVELOPERS, GROUND DEVELOPERS, VANZEGBROECK KROKET
Shareholders
Pieter Vangeel
90%
Michelle Vaes
10%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Grauwmeer 1/35 box 30
3001 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1016.165.169
- VAT number
- BE 1016.165.169
- Registered office
- Grauwmeer 1/35 bus 30, 3001 Leuven
- Names & denominations
- X-Pand Group
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 November 2024
- Peppol
- Active · Active since 12 Aug 2026